Any successful initial public offering is good news for Wall Street these days, but Instinet 's debut was especially auspicious--not just for the moribund IPO market but for the electronic networks ...
Instinet Group Inc., a leading electronic stock trading network controlled by Britain’s Reuters Group, has agreed to buy rival Island ECN Inc. for about $508 million in stock. The two trading networks ...
On Tuesday, electronic stock-trading platform Instinet announced that Chief Executive Douglas Atkin would leave the company. Those who follow the company have been short Atkin for a few months now.
Instinet, citing both customer quality issues and possible savings, has been clearing its own options trades for several months, dispensing with a third-party broker. “Since Instinet has self-cleared ...
Agency brokerage Instinet, part of Nomura, has had to pay US$800,000 to the US Securities and Exchange Commission (SEC) for ignoring red flags and paying soft dollars for improper expenses from a ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. In addition, during the quarter the firm overhauled its core matching ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. "Over the past six months, our team has worked to identify the most ...
Nasdaq Stock Market Inc. agreed to acquire Instinet Group Inc.’s electronic trading network for $934.5 million, a move intended to improve Nasdaq’s position as competition grows among the world’s ...
NEW YORK – Instinet Group Inc., a major electronic share dealer, Friday said it laid off 150 employees, or about 7 percent of its staff, as it looks to cut costs amid intense competition for share ...
Instinet won Best New Product (Micro Adaptive Sequencer) at the 2022 Markets Choice Awards. Traders Magazine speaks with David Fellah, Head of International Quantitative Trading Strategy, Instinet to ...
Jonathan Kellner, the CEO of Instinet, is expected to step down from the broker later this year, according to people familiar with the matter. Former Goldman Sachs trading executive Ralston Roberts is ...